Sold Price Analysis Report (June 16, 2015 to August 11, 2015)
Res. Condominium - List - $565K Sold- $557K DOM - 84
Res. Single Family - List - $979K Sold- $968K DOM – 42
Res. Townhouse - List - $583K Sold- $595K DOM – 15... more
Absolutely yes! Recent changes in California law prohibit 1st or 2nd lien holders, including lines of credit to pursue for any deficiency after they agree to a short sale. In fact, that is one of the greatest advantages to doing a short sale. If you let the home go to foreclosure you are not necessarily protected from those 2nd lien holders.... more
Terry is right about difficult to finance- it is a cash intensive proposition. If you check w/ County Planning dept I believe you will find that they will permit you to put a trailer on land zoned for residential, after you get the well and septic system installed, for up to 2 years while you build a house. I think they also expect you to get inspections as you go on the building, but at least once each 6 months during the 2 year time period.
Molly Thompson, Broker Associate, Alain Pinel... more
It depends. We came from Concord in the East Bay and I would have to say the schools are on par with that area. We decided to curtail our spending a bit and invest a little more in our kids -- sent them to Twin Lakes Christian School in Aptos. They have both an elementary and middle school. Couldn't be happier.... more
Hi - currently on Craigslist we see 2 bedroom rentals from $1300-$1900 and 3 bedroom rentals from $1950 to $3000. Last year the average 3 bedroom rental was $2800. So - it appears that rents have not really gone up significantly in Rio Del Mar/Aptos. BUT - there is not very much to rent!
AND - it's the best time ever to BUY. Prices are down, rates are lowest in over 60 years.
So consider buying now if you can.... more
Well... depending on the nature of the red tag, it is possible for the county to "abate" a property and/or declare it uninhabitable, typically for safety reasons. The best way to understand teh nature of the issue is to go talk to the folks at the Planning department and understand their expectation and needs so it can be removed. Banks won't lend on red tagged properties and some repairs are much more costly then they appear... and some are not!
No, The tax is based on purchase price. 1.22 percent of sales price is the basic tax rate. It varies a little by county. There is something called melow Roos. This is a tax or fee in addition to your property taxes. Not all homes have this type of tax. Your local real estate agent can help you determine if the home you are buying has this extra tax.... more